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View Poll Results: which best describes your view of the inheritance tax?

Re: which best describes your view of the inheritance tax?

Regarding the inheritance tax: I am reminded of this wisdom from one the truly greatest individuals of the last century.

Mohandas Karamachand Gandhi, one of the most influential figures in modern social and political activism, considered these traits to be the most spiritually perilous to humanity.

Wealth without Work
Pleasure without Conscience
Science without Humanity
Knowledge without Character
Politics without Principle
Commerce without Morality
Worship without Sacrifice

Please note the one that leads the list.

Inheritance requires no work of any kind on behalf of the recipient.

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There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

Re: which best describes your view of the inheritance tax?

whereas I am reminded by:

To take from one because it is thought that his own industry and that of his father’s has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association—the guarantee to every one of a free exercise of his industry and the fruits acquired by it.

- Thomas Jefferson

I'll reply to your post on the previous page later, when I am not procrastinating at the gym (gawd I loathe cardio day)

Re: which best describes your view of the inheritance tax?

Originally Posted by Pinkie

Turtle is correct; the inheritance tax was meant to prevent undue concentrations of wealth. It is also easy to avoid, and inefficient. But I do not support abolishing it. I believe it can be reformed and do what it was intended.

And those who inherit farms and businesses, but not cash, can be dealt with fairly too.

Yeah, undue concentration of wealth could ruin the whole society.

For 2000 years, China experienced more than 10 dynasties, most of them began with blood-shedding rebellions and ended up with blood-shedding rebellions. Why? Undue concentration of wealth, especially the farming fields, left the poor in starvation.... One could whatever they could think about when he could not survive.

Reduce the undue concentration of wealth, and help the poor to survive, that's the non-optional choice to maintain social stability.....

Re: which best describes your view of the inheritance tax?

I'll reply to your post on the previous page later, when I am not procrastinating at the gym (gawd I loathe cardio day)

I will see that Jefferson and match it with another Jefferson and raise you a Franklin. As cited two days ago

In a letter to James Madison, Thomas Jefferson suggested that all property be redistributed every fifty years, because"the earth belongs in usufruct to the living." Madison gently pointed out the plan's impracticality. Benjamin Franklin unsuccessfully pushed for the first Pennsylvania constitution to declare concentrated wealth"a danger to the happiness of mankind."

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There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

Re: which best describes your view of the inheritance tax?

Originally Posted by haymarket

FALSE.

Many take the position that BOTH SIDES OF THE LEDGER MUST BE DEALT WITH AT THE SAME TIME.

MOre horsecrap--spending cuts do not require more revenue in the minds of any rational person. what you are saying is that the dems will lose votes from spending cuts so they have to make that up by jacking up the taxes on the wealthy to buy back those votes

Re: which best describes your view of the inheritance tax?

Originally Posted by LaMidRighter

I thought your side was arguing for fairness. So it's fair as long as the wealthy get screwed? Middle class paychecks were LOST due to the inheritance tax loss. So it's fair as long as government gets to take whatever they want?

some people think fairness means screwing the rich as much as possible even if that hurts everyone else in the long run. The death tax is an example of that

"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
"Fly-over" country voted, and The Donald is now POTUS. #MAGA

Re: which best describes your view of the inheritance tax?

Originally Posted by molten_dragon

Yes. Gifts, inheritance, income, capital gains, I think it should all be taxed the same way. I don't see a need for having all these special cases. They're basically all the same thing (money passing from one person to another) just for different reasons.

I'm a big fan of simplifying tax laws as much as possible.

good, support a consumption tax which would allow us to get rid of the IRS and all the time we spend meeting the idiotic requirements of the IRS